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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: Fishfinder who wrote (199540)	5/3/2011 2:11:22 AM
From: 31Floors	Read Replies (1) \| Respond to of 313059

Fishfinder, Back in around October 2010, Jim Puplava interviewed Richard Russell and RR said that he was obsessed with the markets, that few people were obsessed with the markets but he was. I am sure there are many people obsessed with the markets on this board - just as I have been since the age of 17. But tell you what I'm MORE obsessed with what we are doing to the environment than even the markets. "It" pops into my head constantly these days. People talk about what is happening to the USD as a game changer. Well there isn't ANYTHING as much a game changer as what we are doing to the environment. Fracking is but one of too many examples. I used to donate to the usual suspect charities but in recent years it is to orgs like WWF, Suzuki. I even told the kids that I'll be doing them a favor and have already started directing 'their' money to these charities and starting sooner than later. I am being quite serious. Some provide abuse, but I give my Kudos to those with the courage and backbone to actively engage these problems every day. I couldn't do it, I have visions of lying on the ground in fetal position, it's depressing for sure. So I figure the very least I can do is to provide some financial support. Back to the main topic of this board, and reading about Sprott selling some of his silver instrument (to stick the proceeds into silver equities), I snuck into a Sprott client function at the beginning of the year and I was able to ask the man himself what he thinks would happen to gold the next time the markets tank a la 2008. He said "well I'd like to think gold will go up". Another interesting tidbit (and Ross Clark was there) is that he said, with a smirk that he doesn't listen to Ross when Ross says gold and silver are heading down, but he does listen when Ross says they are going up. My take is that I doubt that we'll ever hear Eric to say 'take some profits and buy back lower'!